Novus Acquisition And Stock Performance
| NDEV Stock | USD 0.02 0.0008 5.30% |
On a scale of 0 to 100, Novus Acquisition holds a performance score of 5. The company secures a Beta (Market Risk) of -0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Novus Acquisition are expected to decrease at a much lower rate. During the bear market, Novus Acquisition is likely to outperform the market. Please check Novus Acquisition's downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Novus Acquisition's current price movements will revert.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Novus Acquisition and are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain technical and fundamental indicators, Novus Acquisition showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Novus |
Novus Acquisition Relative Risk vs. Return Landscape
If you would invest 1.51 in Novus Acquisition and on November 5, 2025 and sell it today you would earn a total of 0.08 from holding Novus Acquisition and or generate 5.3% return on investment over 90 days. Novus Acquisition and is currently generating 0.9723% in daily expected returns and assumes 13.6475% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Novus, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Novus Acquisition Target Price Odds to finish over Current Price
The tendency of Novus Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.02 | 90 days | 0.02 | about 45.55 |
Based on a normal probability distribution, the odds of Novus Acquisition to move above the current price in 90 days from now is about 45.55 (This Novus Acquisition and probability density function shows the probability of Novus Pink Sheet to fall within a particular range of prices over 90 days) .
Novus Acquisition Price Density |
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Predictive Modules for Novus Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Novus Acquisition. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Novus Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Novus Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Novus Acquisition is not an exception. The market had few large corrections towards the Novus Acquisition's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Novus Acquisition and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Novus Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.00 | |
β | Beta against Dow Jones | -0.84 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.07 |
Novus Acquisition Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Novus Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Novus Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Novus Acquisition is way too risky over 90 days horizon | |
| Novus Acquisition has some characteristics of a very speculative penny stock | |
| Novus Acquisition appears to be risky and price may revert if volatility continues |
Novus Acquisition Fundamentals Growth
Novus Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Novus Acquisition, and Novus Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Novus Pink Sheet performance.
| Return On Equity | 0.0642 | |||
| Return On Asset | 0.0456 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 5.55 M | |||
| Shares Outstanding | 97.85 M | |||
| Price To Earning | 2.83 X | |||
| Price To Sales | 14.69 X | |||
| Revenue | 266.43 K | |||
| Cash And Equivalents | 106.27 K | |||
| Total Debt | 99.05 K | |||
| Debt To Equity | 0.07 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | 95.51 K | |||
| Earnings Per Share | 0 X | |||
| Total Asset | 791 K | |||
| Retained Earnings | (6 M) | |||
| Current Asset | 150 K | |||
| Current Liabilities | 115 K | |||
About Novus Acquisition Performance
Evaluating Novus Acquisition's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Novus Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Novus Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Novus Acquisition Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space benefit plans, such as dental vision, hearing, and telemedicine and THC health plans. Novus Acquisition Development Corp. was incorporated in 1996 and is based in Miami, Florida. Novus Acq operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange.Things to note about Novus Acquisition performance evaluation
Checking the ongoing alerts about Novus Acquisition for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Novus Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Novus Acquisition is way too risky over 90 days horizon | |
| Novus Acquisition has some characteristics of a very speculative penny stock | |
| Novus Acquisition appears to be risky and price may revert if volatility continues |
- Analyzing Novus Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Novus Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Novus Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Novus Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Novus Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Novus Acquisition's pink sheet. These opinions can provide insight into Novus Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Novus Pink Sheet Analysis
When running Novus Acquisition's price analysis, check to measure Novus Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novus Acquisition is operating at the current time. Most of Novus Acquisition's value examination focuses on studying past and present price action to predict the probability of Novus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Acquisition's price. Additionally, you may evaluate how the addition of Novus Acquisition to your portfolios can decrease your overall portfolio volatility.